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Special Regulations on Suspending and Terminating the Listing of Stocks on Small and Medium Enterprises Board (SME Board) - Resumption of Listing

Article 15 A company may file an application with the Exchange for resumption of listing if it meets any of the following conditions:

(1) after the listing suspension as a result of the occurrence of the circumstance specified in (1) of Article 11, the subsequent audited half-year report reveals positive shareholders’ equity;
(2) after the listing suspension as a result of the occurrence of the circumstance specified in (2) of Article 11, the subsequent audited half-year report shows that such circumstance no longer exists;
(3) after the listing suspension as a result of the occurrence of the circumstance specified in (3) of Article 11, the subsequent audited half-year report shows that the company’s outstanding external guarantee (excluding those included in the consolidated financial statements) falls below RMB 50 million or 50 percent of its net asset value;
(4) after the listing suspension as a result of the occurrence of the circumstance specified in (4) of Article 11, the subsequent audited half-year report shows that the capital misallocated by the company to its controlling shareholder and other related parties has been repaid; or
(5) within 12 months after the listing suspension as a result of the occurrence of the circumstance specified in (5) of Article 11, the company receives no more public censure by the Exchange.

Article 16 Once a company’s application for resumption of listing is approved by the Exchange, the company may file an application with the Exchange for lifting the delisting risk warning pursuant to (1), (2), (3), (4) or (5) of Article 7.

 
 
 
   
 
 
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